World 3D Printing Market to Reach USD 23 Bn by 2022, Expects Mind Commerce in Its Topical Report Published at MarketPublishers.com
16 Dec 2016 • by Natalie Aster
LONDON – 3D printing is a transformative technology overstepping the limits of the overall printing industry. The technology is anticipated cause a considerable shift in manufacturing, particularly when paired with artificial intelligence (AI) and developments in industrial internet of things (IIoT).
Over the coming five years, practically all humans will come into contact with 3D printed items. 3D printing can be deemed as a crucial building block, alongside 5G, IIoT and AI in the formation of the forth industrial revolution, generally termed as ‘Industrie 4.0’.
The global 3D printing sector is poised to be worth USD 23 billion USD by 2022. Software and services are expected to benefit most in the offing as the industry gains traction.
Prototype tooling will likely be the largest application area with nearly USD 5 billion in revenue by the end of the forecast period.
Topical research report “3D Printing Market Outlook and Forecasts 2017 - 2022” elaborated by Mind Commerce Publishing offers an insightful guide to the 3D printing marketplace globally.
The study examines the market from manifold facets comprising hardware companies, application providers, service providers, software providers, raw material providers, and communities. The report identifies key opportunities and challenges in the market, uncovers investment trends and discusses the leading market players, keeps track of the trends in raw materials for flexible production. The report casts light on the market’s growth trajectory and the future of 3D printing, gives a detailed understanding of the 3D printing landscape comprising the roles of players, gives information on the relationship of 3D printing applied to IIoT and AI. The report estimates the market’s impact and provides exhaustive forecasts to 2022 across all verticals globally and region-wise, by application type and industrial vertical.
More topical market research reports by Mind Commerce are offered at this page.